🔍 Data: $KAT |Rate: -0.487%|Shorts pay
· Explanation: Perpetual contracts have no delivery date. Funding rates keep the contract price close to the spot price: longs and shorts periodically pay each other a fee.
· Common interpretation: Many people pay more attention to how long the rate has persisted. Staying at an extreme for several consecutive periods is more noteworthy than a single spike.
Before opening a leveraged position, consider whether you can bear the worst-case outcome, then think about what the indicators are saying.